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Eminem readies new LP & gets covered by Machine Gun Kelly

(Yahoo!) - Eminem's first album since 2010's Recovery is on its way, and at least one rapper seems ready for the new material.

Machine Gun Kelly posted a video of him rapping Eminem's "Lose Yourself" in front of Saint Andrew's Hall, one of the clubs in which Eminem honed his MC craft as a struggling artist in Detroit.

Later in the clip, MGK performs Eminem's lyrics from one of the MC battles Eminem participated in his semi-autobiographical film "8 Mile."

Machine Gun Kelly's Black Flag mixtape should be released soon.

As for Eminem, the Shady Records artist has been working on a new album that may be available as early as next month.

"We fully expect to be releasing a new Eminem album in 2013," Shady Records President Paul Rosenberg said recently. "It's safe to say that it will be post-Memorial Day at some point, but we re not exactly when."

Rosenberg also said that Eminem will be performing in Europe in August.